NO.PZ201812310200000301
问题如下：
The expected exposure to default loss for Bond I is:
选项：
A.less than the expected exposure for Bond II.
the same as the expected exposure for Bond II.
greater than the expected exposure for Bond II.
解释：
B is correct. The expected exposure is the projected amount of money that an investor could lose if an event of default occurs, before factoring in possible recovery. The expected exposure for both Bond I and Bond II is 100 + 5 = 105.
老师好，
我做这道题的时候，理解是题目给出了两个相似债券，他们只有RR和POS不同，即他们的LGD和POD不同。然后我假设它们都是一年，为了好计算。得到的是Bond1的EL大，Bond2的EL小。
我不是很理解答案解析的意思，老师可以帮忙讲讲吗？谢谢
